Oahu Real Estate Blog – Page 3 – Everything you want to know about Oahu Real Estate

O‘ahu’s Housing Market Holds Steady Ahead of Holiday Season Lull.

Median prices of single-family homes stand at $1 million, condos at $500K.Closed sales rose year-over-year with single-family homes ticking up modestly 10.4% and condo properties surging higher to 27.3%.The median sales price for a single-family home fell slightly from the August 2021 record of $1,050,000 to $1,000,000, while the median condo price tied the August …

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Cleaning up the Great Pacific Garbage Patch

Uncategorized / By Bryn Kaufman

Wow, this is awesome. Maybe we will get less trash in the future on Hawaii’s Beaches. Check out the Great Pacific Garbage Patch clean up at https://youtu.be/tLcnJEMnlTs

Early Occupancy – Seller’s Point of View

Selling Your Home / By Bryn Kaufman

We do not recommend early occupancy. It opens a can of worms and a lot of problems can come up. The closing is not guaranteed until all the money is in escrow, and escrow has reported everything to the City and County. This is normally 2 days prior to the actual closing date. So if …

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Oahu Home Pricing Shocks People On Facebook

Selling Your Home / By Bryn Kaufman

Our recent post of a $775,000 Tear Down that was just listed went viral with over 14,400 Likes, Comments, and Shares. We received two very strong cash offers on it within 3 days. I think people could not take that a home in horrible condition would sell for that much. It would have been much …

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Legal B&B in Kailua, Seller Is Not Paying Buyer’s Agent Commission

Selling Your Home / By Bryn Kaufman

This seller is saving $60,000 by not paying a buyer’s agent commission, so we can book a showing directly with the seller or buyers can pay their agent a commission as one of the lawsuits against the National Association of Realtors is suggesting. The vacation rental crackdown in Kailua got rid of most of the …

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New Tear Down Listing

Selling Your Home / By Bryn Kaufman

Just listed for $775,000 in the Kamehameha Heights neighborhood. For all the details please click here.

Is Stagflation Coming?

Stats / By Bryn Kaufman

These two charts really point to stagflation, where inflation goes up while the GDP declines. The Atlanta Fed slashed GDP growth to just .2% down from 14% back in May. So as the expected GDP drops, the Citi Inflation Surprise Index is going up. This points to stagflation in my opinion.

Hiding Real Estate Information From The Public

MLS / By Bryn Kaufman

A Realtor was so upset that I displayed one photo for expired listings that they reported my website yesterday to the Honolulu Board of Realtors. Per their rules, I have to hide expired and withdrawn listing data from the public unless they sign up with me to see it. I was hiding the detail page …

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Local Markets Up 30%+ Since Last September

Selling Your Home, Stats / By Bryn Kaufman

I posted the local market statistics. Mililani and Aina Haina went up the most at a 36% increase since last year, but 5 other areas also were up over 30%. As long as your salary has increased around 40% since last year you are staying ahead of inflation on homes. I see a local bank …

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Can You Pay No Buyer’s Agent Commission?

Selling Your Home / By Bryn Kaufman

Sellers ask me all the time is it possible to sell without a buyer’s agent and thereby pay no 2.5% buyer’s agent commission. The answer is YES. We have sold 43 homes with no buyer’s agent, which saved those sellers $667,737 in buyer’s agent’s commissions. You can read more about this option from our website.